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Industry sources say that Saudi Arabia’s east-west oil pipeline was attacked and the damage is being assessed, while other facilities were also targeted.

2026-04-08

Industry sources say that Saudi Arabia’s east-west oil pipeline was attacked and the damage is being assessed, while other facilities were also targeted.

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2026-04-08

CITIGROUP JUMPS 4.6%, GOLDMAN SACHS RISES 5.8%, MORGAN STANLEY UP 7% JPMORGAN CHASE UP 3.8%, BANK OF AMERICA RISES 3.6%, WELLS FARGO GAINS 3.4%

CITIGROUP JUMPS 4.6%, GOLDMAN SACHS RISES 5.8%, MORGAN STANLEY UP 7% JPMORGAN CHASE UP 3.8%, BANK OF AMERICA RISES 3.6%, WELLS FARGO GAINS 3.4%
2026-04-08

The U.S.-Iran war could end in May rather than June as previously expected, Commonwealth Bank of Australia’s Madison Cartwright says. He notes that while a cease-fire would not end the conflict, it may mark the beginning of a potential resolution. Th

The U.S.-Iran war could end in May rather than June as previously expected, Commonwealth Bank of Australia’s Madison Cartwright says. He notes that while a cease-fire would not end the conflict, it may mark the beginning of a potential resolution. The reopening of the Strait of Hormuz suggests real progress toward a peace deal, he says, adding that the U.S. appears tentatively open to compromise despite fundamentally incompatible proposals and limited reduction in Iran’s leverage, alongside reluctant support from allies. He warns that economic costs are still rising and markets could react sharply if talks collapse due to political constraints.
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